diff --git a/aws_lambda_powertools/utilities/data_classes/api_gateway_proxy_event.py b/aws_lambda_powertools/utilities/data_classes/api_gateway_proxy_event.py
index 88f6cb8fa54..b92792d5d51 100644
--- a/aws_lambda_powertools/utilities/data_classes/api_gateway_proxy_event.py
+++ b/aws_lambda_powertools/utilities/data_classes/api_gateway_proxy_event.py
@@ -315,10 +315,22 @@ def stage_variables(self) -> dict[str, str]:
 
     @property
     def path(self) -> str:
+        """The request path, without the stage when `rawPath` starts with it.
+
+        A named stage is part of `rawPath` when the request comes through the execute-api endpoint,
+        but not through a custom domain API mapping or SAM local.
+        """
+        raw_path = self.raw_path
         stage = self.request_context.stage
-        if stage != "$default":
-            return self.raw_path[len("/" + stage) :]
-        return self.raw_path
+        if stage == "$default":
+            return raw_path
+
+        stage_prefix = f"/{stage}"
+        if raw_path == stage_prefix:
+            return "/"
+        if raw_path.startswith(f"{stage_prefix}/"):
+            return raw_path[len(stage_prefix) :]
+        return raw_path
 
     @property
     def http_method(self) -> str:
diff --git a/tests/functional/event_handler/required_dependencies/test_api_gateway.py b/tests/functional/event_handler/required_dependencies/test_api_gateway.py
index 65d1a50082d..6a7f9d90dba 100644
--- a/tests/functional/event_handler/required_dependencies/test_api_gateway.py
+++ b/tests/functional/event_handler/required_dependencies/test_api_gateway.py
@@ -1378,6 +1378,41 @@ def foo():
     assert result["headers"]["Content-Type"] == content_types.APPLICATION_JSON
 
 
+@pytest.mark.parametrize(
+    "stage, raw_path, route, expected_path",
+    [
+        pytest.param("dev", "/dev/my/path", "/my/path", "/my/path", id="named stage in raw path"),
+        pytest.param("dev", "/my/path", "/my/path", "/my/path", id="named stage not in raw path"),
+        pytest.param("$default", "/my/path", "/my/path", "/my/path", id="default stage"),
+        pytest.param("dev", "/dev", "/", "/", id="raw path equals the stage"),
+        pytest.param("dev", "/dev/", "/", "/", id="raw path equals the stage with trailing slash"),
+        pytest.param("dev", "/devices", "/devices", "/devices", id="raw path starts with the stage name"),
+        pytest.param("dev", "/dev/devices", "/devices", "/devices", id="named stage and path starting with its name"),
+    ],
+)
+def test_api_gateway_v2_stage_prefix_in_raw_path(stage, raw_path, route, expected_path):
+    # GIVEN an HTTP API resolver with a single route
+    app = APIGatewayHttpResolver()
+
+    @app.get(route)
+    def handler():
+        return {"path": app.current_event.path}
+
+    # AND a request for that stage. The execute-api endpoint puts a named stage in rawPath,
+    # while custom domain API mappings and SAM local send rawPath without it
+    event = load_event("apiGatewayProxyV2Event.json")
+    event["requestContext"]["stage"] = stage
+    event["requestContext"]["http"]["method"] = "GET"
+    event["rawPath"] = event["requestContext"]["http"]["path"] = raw_path
+
+    # WHEN calling the event handler
+    result = app(event, {})
+
+    # THEN the stage is stripped only when rawPath starts with it, and the route is found
+    assert result["statusCode"] == 200
+    assert json.loads(result["body"]) == {"path": expected_path}
+
+
 def test_api_gateway_request_path_equals_strip_prefix():
     # GIVEN a strip_prefix matches the request path
     app = ApiGatewayResolver(strip_prefixes=["/foo"])
diff --git a/tests/unit/data_classes/required_dependencies/test_api_gateway_proxy_event.py b/tests/unit/data_classes/required_dependencies/test_api_gateway_proxy_event.py
index fd9ca1cca76..a7277799a6e 100644
--- a/tests/unit/data_classes/required_dependencies/test_api_gateway_proxy_event.py
+++ b/tests/unit/data_classes/required_dependencies/test_api_gateway_proxy_event.py
@@ -1,5 +1,7 @@
 from __future__ import annotations
 
+import pytest
+
 from aws_lambda_powertools.utilities.data_classes import (
     APIGatewayProxyEvent,
     APIGatewayProxyEventV2,
@@ -200,6 +202,29 @@ def test_api_gateway_proxy_v2_event():
     assert parsed_event.stage_variables == raw_event["stageVariables"]
 
 
+@pytest.mark.parametrize(
+    "stage, raw_path, expected_path",
+    [
+        pytest.param("$default", "/my/path", "/my/path", id="default stage"),
+        pytest.param("dev", "/dev/my/path", "/my/path", id="named stage in raw path"),
+        pytest.param("dev", "/my/path", "/my/path", id="named stage not in raw path"),
+        pytest.param("dev", "/dev", "/", id="raw path equals the stage"),
+        pytest.param("dev", "/dev/", "/", id="raw path equals the stage with trailing slash"),
+        pytest.param("dev", "/devices", "/devices", id="raw path starts with the stage name"),
+        pytest.param("dev", "/dev/dev", "/dev", id="stage is stripped once"),
+    ],
+)
+def test_api_gateway_proxy_v2_event_path_strips_stage_only_when_present(stage, raw_path, expected_path):
+    raw_event = load_event("apiGatewayProxyV2Event.json")
+    raw_event["requestContext"]["stage"] = stage
+    raw_event["rawPath"] = raw_path
+
+    parsed_event = APIGatewayProxyEventV2(raw_event)
+
+    assert parsed_event.path == expected_path
+    assert parsed_event.raw_path == raw_path
+
+
 def test_api_gateway_proxy_v2_lambda_authorizer_event():
     raw_event = load_event("apiGatewayProxyV2LambdaAuthorizerEvent.json")
     parsed_event = APIGatewayProxyEventV2(raw_event)